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1841 Main Street

Jasper, TN 37347

– beds
– baths
1,200 sqft
$541 per sqft
1980 build
– on site

Exceptional mobile home park investment opportunity in Kimball, Tennessee, located in the fast-growing Jasper/Kimball corridor! This well-maintained 10-lot mobile home park includes 7 fully renovated Park-Owned Homes and 3 Tenant-Owned Homes, generating $91,500 in gross annual income with a strong 11%+ Cap Rate, ideal for investors seeking turnkey cash flow and long-term growth. Extensive property upgrades feature new metal roofs, PEX plumbing, updated interiors, gravel driveways, and enhanced infrastructure. Utilities include tenant-paid electric and city water, keeping owner expenses low. A reliable, experienced property manager is in place and willing to stay with new ownership, ensuring smooth operations. The park offers excellent expansion potential with space to add 2-3 additional homes and an existing structure ready for conversion to boost income. Located minutes from major highways and economic hubs, this mobile home park is strategically positioned to benefit from the region's robust population growth and rising demand for affordable housing. Investors can unlock further upside through water submetering and market-aligned rent adjustments. Strong occupancy and a waiting list provide stability and income security. The property includes a fully maintained septic system infrastructure. This is a rare opportunity to acquire a fully operational, cash-flowing mobile home park in one of Tennessee's most promising investment markets. Professional photos coming soon!

Listing courtesy of REALTRACS / eXp Realty

Last checked: Checking… • Last updated May 6, 2025 •

MLS# 2867511 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1980
Year Built Details:

EXIST
New Construction:

false
Construction Materials:

Vinyl Siding, Other
Roof:

Metal
Stories:

1
Levels:

Three Or More
Accessibility Features:

Accessible Entrance
# of Units Total:

10
Building Area Units:

Square Feet
Building Area Total:

1200
Building Area Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished Area Source:

Assessor
Below Grade Finished Area Source:

Assessor
Below Grade Finished Area Units:

Square Feet

Interior

Flooring:

Laminate, Vinyl, Other
Fireplace:

false

Room Dimensions

Living Area:

1200
Living Area Units:

Square Feet
Living Area Source:

Assessor

Location

Directions:

Directions from Chattanooga: Take I-24 W toward Nashville for approximately 26 miles. Merge onto US-64 W/US-72 W via Exit 152 toward South Pittsburg/Jasper. Continue for about 5 miles, then take the exit toward Kimball. Turn right onto Main Street. Follow Main Street for approximately 1.5 miles; the property at 1841 Main Street will be on your right.
Latitude:

35.052574
Longitude:

-85.660267

The Property

Parcel Number:

119 05902 000
Property Type:

Residential Income
Lot Size Units:

Acres
View:

City
View:

true
Property Attached:

false

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

1819

The Listing

Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Electric, Propane
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Water Available
Sewer:

Septic Tank
Water Source:

Public

Schools

Elementary School:

Jasper Elementary School
Middle Or Junior School:

Jasper Middle School
High School:

Marion Co High School

The Community

Subdivision Name:

None
Waterfront:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Detached, Driveway, Gravel
Garage:

false
Attached Garage:

false
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
5/6/25 May 6, 2025	Listed / Active	REALTRACS	$650,000

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This multifamily located in Kimball, TN 37347 is currently for sale for $650,000. 1841 Main Street is a 1,200 square foot multifamily with – beds and – baths that has been on Estately for 1 days. This multifamily is in the attendance area of Jasper Elementary School, Jasper Middle School, Whitwell Middle School, Marion Academy, Whitwell Elementary School, Whitwell High School, Monteagle Elementary School, and Marion County High School.

Listing Courtesy of: REALTRACS and eXp Realty.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Estately are marked with the REALTRACS IDX Logo. REALTRACS and Estately deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and Estately assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.